CHICAGO ATLANTIC REAL ESTATE FINANCE, INC. financials
Source: EDGAR filings · Built 2026-06-02T03:55:22Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2022 | FY 2022 |
|---|---|---|---|---|---|---|
| Net Debt | 34.39M | 22.70M | 276.60M | 330.61M | 120.11M | — |
| Net Margin | — | — | — | 66.10% | 85.75% | 86.34% |
| Return on Equity (ROE) | 11.70% | 11.99% | 14.24% | 12.23% | 3.60% | — |
| Return on Assets (ROA) | 8.47% | 8.51% | 10.78% | 9.41% | 3.41% | — |
| Debt-to-Equity | 0.16× | 0.16× | 1.05× | 1.27× | 0.76× | — |
| Effective Tax Rate | 0.00% | 0.00% | 0.00% | 0.00% | — | — |
| Cash Conversion Ratio | 0.80× | 0.63× | 0.73× | 0.53× | 0.70× | 0.70× |
| Accruals Ratio | 0.02× | 0.03× | 0.03× | 0.04× | 0.01× | — |
| SBC % of Revenue | — | — | — | 0.89% | 0.27% | 0.27% |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2022 | FY 2022 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 7.30× | 8.20× | 7.67× | 8.28× | 11.33× | 10.93× |
| P/S | — | — | — | 5.46× | 26.24× | 9.42× |
| P/B | 0.84× | 1.04× | 1.08× | 1.01× | 1.10× | — |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2022 | FY 2022 |
|---|---|---|---|---|---|---|
| Revenues | — | — | — | 48.86M | 11.08M | 11.00M |
| Operating Expenses | — | — | — | 16.57M | 1.58M | 1.50M |
| Income Tax Expense (Benefit) | 0 | 0 | 0 | 0 | — | — |
| Net Income (Loss) Attributable to Parent | 36.01M | 37.05M | 38.71M | 32.29M | 9.50M | 9.50M |
| Earnings Per Share, Basic | $1.71 | $1.92 | $2.14 | $1.83 | $1.47 | $1.47 |
| Weighted Average Number of Shares Outstanding, Basic | 21.00M | 19.28M | 18.09M | 17.65M | 6.44M | 6.44M |
| Earnings Per Share, Diluted | $1.68 | $1.88 | $2.11 | $1.82 | $1.47 | $1.47 |
| Weighted Average Number of Shares Outstanding, Diluted | 21.43M | 19.71M | 18.34M | 17.75M | 6.45M | 6.45M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2022 | FY 2022 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 14.95M | 26.40M | 7.90M | 5.72M | 80.25M | — |
| Assets | 424.92M | 435.15M | 359.23M | 343.27M | 278.17M | — |
| Long-term Debt | 49.33M | 49.10M | — | — | — | — |
| Liabilities | 117.10M | 126.19M | 87.37M | 79.24M | 14.09M | — |
| Stockholders' Equity Attributable to Parent | 307.81M | 308.96M | 271.85M | 264.03M | 264.08M | — |
| Common Stock, Shares, Outstanding | 21.08M | 20.83M | 18.20M | 17.69M | 17.45M | — |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2022 | FY 2022 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 28.79M | 23.16M | 28.42M | 17.01M | 6.67M | 6.67M |
| Net Cash Provided by (Used in) Investing Activities | 8.74M | -39.30M | -1.93M | -125.24M | -145.22M | -145.22M |
| Payments of Dividends | 43.84M | 41.63M | 39.13M | 28.17M | 5.14M | 5.14M |
| Net Cash Provided by (Used in) Financing Activities | -48.98M | 34.64M | -24.31M | 33.71M | 218.80M | 218.80M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Debt | 21.54M | 34.39M | 20.35M | 13.65M | 39.28M | 22.70M |
| Return on Equity (ROE) | 1.60% | 2.65% | 2.88% | 2.86% | 3.23% | 2.56% |
| Return on Assets (ROA) | 1.11% | 1.92% | 2.09% | 1.95% | 2.42% | 1.82% |
| Debt-to-Equity | 0.16× | 0.16× | 0.16× | 0.16× | 0.16× | 0.16× |
| Effective Tax Rate | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Cash Conversion Ratio | 0.65× | 0.80× | 2.49× | 1.59× | 0.76× | 0.23× |
| Accruals Ratio | 0.00× | 0.00× | -0.03× | -0.01× | 0.01× | 0.01× |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 7.86× | 7.30× | 7.57× | 7.63× | 7.82× | 8.20× |
| P/B | 0.79× | 0.84× | 0.87× | 0.95× | 0.99× | 1.04× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Income Tax Expense (Benefit) | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income (Loss) Attributable to Parent | 4.84M | 8.16M | 8.93M | 8.88M | 10.04M | 7.92M |
| Earnings Per Share, Basic | $0.23 | $0.38 | $0.42 | $0.42 | $0.48 | $0.39 |
| Weighted Average Number of Shares Outstanding, Basic | 21.08M | 21.00M | 21.07M | 21.00M | 20.86M | 19.28M |
| Earnings Per Share, Diluted | $0.23 | $0.38 | $0.42 | $0.41 | $0.47 | $0.39 |
| Weighted Average Number of Shares Outstanding, Diluted | 21.48M | 21.43M | 21.49M | 21.49M | 21.26M | 19.71M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 27.86M | 14.95M | 28.92M | 35.56M | 9.88M | 26.40M |
| Assets | 435.95M | 424.92M | 427.08M | 455.21M | 414.67M | 435.15M |
| Long-term Debt | 49.39M | 49.33M | 49.27M | 49.22M | 49.16M | 49.10M |
| Liabilities | 132.53M | 117.10M | 117.16M | 145.19M | 103.89M | 126.19M |
| Stockholders' Equity Attributable to Parent | 303.42M | 307.81M | 309.91M | 310.03M | 310.78M | 308.96M |
| Common Stock, Shares, Outstanding | 21.08M | 21.08M | 21.08M | 21.07M | 20.89M | 20.83M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 3.16M | 6.52M | 22.27M | 14.09M | 7.63M | 1.83M |
| Net Cash Provided by (Used in) Investing Activities | 1.73M | -7.28M | 16.01M | 1.95M | 5.51M | -41.27M |
| Payments of Dividends | 9.91M | 9.91M | 33.94M | 24.03M | 13.61M | 9.27M |
| Net Cash Provided by (Used in) Financing Activities | 8.01M | -13.22M | -35.77M | -6.88M | -29.65M | 59.08M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (REFI CIK 0001867949),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.